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February 4, 2021
RSX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Russia Index. The index includes securities, which may include depositary receipts, of Russian companies. A company is generally considered to be a Russian company if it is incorporated in Russia or is incorporated outside of Russia but has at least 50% of its revenues/related assets in Russia. Such companies may include medium-capitalization companies. Overall, RSX provides expo...
January 29, 2021
January 29, 2021 A double dose of gold and Russia are the ETF themes that have been seeing heavy average daily volume in VanEck’s suite of ETFs. Check out the three ETFs below. VanEck Vectors Gold Miners ETF (GDX): GDX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE® Arca Gold Miners Index®. The index is a modified market-capitalization weighted index primarily comprised of publicly traded companies involved in the mining fo...
January 27, 2021
“Russia’s economy may return to pre-crisis levels by autumn and overall gross domestic product growth this year could reach around 3.7%, Andrey Kostin, chief executive of the country’s second biggest bank VTB, said on Monday,” a Reuters article said. “The International Monetary Fund has praised Moscow’s efforts in tackling the economic effects of the COVID-19 pandemic, with an increase in borrowing and spending coupled with a soft monetary policy resulting in a GDP fall of 4%.” �...
January 21, 2021
January 21, 2021 Like the rest of the world, Russia is trying to weather the economic storm caused by the Covid-19 pandemic. However, the country’s officials are projecting positive GDP growth for 2021, which is a good sign for the “Russia’s economy is recovering gradually after contraction amid the pandemic, Prime Minister Mikhail Mishustin said in a video address to participants,” according to a TASS Russian News Agency article. The article also noted that ” authorities expect su...